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Ebberston Terrace Portfolio, Leeds Guide Price £1,750,000

  • Freehold & 13 self-contained flats
  • Prime location, close to universities & city centre
  • All currently occupied
  • Gross rent of circa £106,000 p/a
  • Generous plot with parking
  • Fantastic additional potential
  • EPC Ratings - C & D's

A SUBSTANTIAL INVESTMENT OPPORTUNITY TO AQUIRE THE FREEHOLD OF A SUBSTANTIAL PLOT WITH 13 SELF-CONTAINED FLATS IN A PRIME LETTING LOCATION, JUST OFF HYDE PARK CORNER, A FEW MINUTES WALK TO THE OPEN SPACES OF HYDE PARK, THE UNIVERSITIES AND LEEDS CITY CENTRE.

9 flats are located in Hyde Park Villas which comprises of 3 period terraced properties, each split into three 1 or 2 bedroomed flats, one on each floor. The remaining 4 flats are located in a neighbouring modern detached block at High Lea Court, 2 x 3 bedrooms and 2 x 2 bedrooms, each with their own entrance. The properties are located on a sizeable plot at the end of Ebberston Terrace with ample parking and communal grounds.

The flats are all currently occupied and generating an annualised gross rent roll of circa £106,000. Most of the flats are also re-let until Summer 2023, some with modest rent increases and the remaining flats are being advertised to let by the managing agent.

It is our opinion that there is scope for significant rent increases in the future, possibly with some general cosmetic improvements, plus potential to increase some of the more generously portioned flats from 1 to 2 bedrooms, subject to any relevant consents.

This is a rare opportunity to purchase a substantial on-going investment concern in a sought-after and highly convenient location, so we urge early internal inspection to fully appreciate the well managed and sizeable flats with great future potential. Point to note: We understand the whole site is on one title.


Ebberston Terrace Portfolio
Leeds LS6 1AU
County: West Yorkshire
Sale Type: For Sale
Ref #: 00004154

Tenure

Freehold

Possession

Updated 28th March 2022 2021/22 Flat 1 21 Hyde Park Villas 01/05/2015 Rolling £6,600.00 Flat 2, 21 Hyde Park Villas 01/07/2021 30/06/2022 £8,603.58 Flat 3, 21 Hyde Park Villas 01/07/2021 30/06/2022 £9,125.00 Flat 1, 23 Hyde Park Villas 01/07/2021 30/06/2022 £6,596.07 Flat 2, 23 Hyde Park Villas 01/07/2021 30/06/2022 £8,603.57 Flat 3, 23 Hyde Park Villas 01/07/2021 30/06/2022 £6,335.40 Flat 1, 25 Hyde Park Villas 24/10/2016 Rolling £5,940.00 Flat 2, 25 Hyde Park Villas 01/07/2021 30/06/2022 £6,596.07 Flat 3, 25 Hyde Park VIllas 01/07/2021 30/06/2022 £6,600.00 37 High Lea Court 06/08/2021 30/06/2022 £10,428.30 39 High Lea Court 01/07/2021 30/06/2022 £8,864.28 41 High Lea Court 01/07/2021 30/06/2022 £8,864.16 43 High Lea Court 01/09/2021 30/06/2022 £13,296.42Inc bills TOTAL £106,452.85 2022/23 Flat 1 21 Hyde Park Villas Rolling Flat 2, 21 Hyde Park Villas 01/07/2022 30/06/2023 £8,603.58 Flat 3, 21 Hyde Park Villas Not re-let yet Flat 1, 23 Hyde Park Villas 01/07/2022 30/06/2023 £6,726.42 Flat 2, 23 Hyde Park Villas 01/07/2022 30/06/2023 £8,864.28 Flat 3, 23 Hyde Park Villas 01/07/2022 30/06/2023 £6,726.42 Flat 1, 25 Hyde Park Villas Rolling Flat 2, 25 Hyde Park Villas 01/07/2022 30/06/2023 £6,596.07 Flat 3, 25 Hyde Park Villas Not re-let yet 37 High Lea Court Not re-let yet 39 High Lea Court 01/07/2022 30/06/2023 £9,125.00 41 High Lea Court Not re-let yet 43 High Lea Court Not re-let yet

EPC Ratings

C's & D's


Ebberston Terrace Portfolio
Leeds LS6 1AU
County: West Yorkshire
Sale Type: For Sale
Ref #: 00004154

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Ebberston Terrace Portfolio
Leeds LS6 1AU
County: West Yorkshire
Sale Type: For Sale
Ref #: 00004154
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